Deferred Policy Acquisition Costs, Value of Business Acquired and Other Policy-Related Intangibles (Tables)

12 Months Ended

Dec. 31, 2021

Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Net [Abstract]

Schedule of Deferred Policy Acquisition Costs and Value of Business Acquired

Information regarding DAC and VOBA was as follows:

	Years Ended December 31,
	2021		2020		2019
	(In millions)
DAC:
Balance at January 1,	$	3,870	$	4,327	$	4,518
Capitalizations	492		406		365
Amortization related to net investment gains (losses) and net derivative gains (losses)	68		105		220
All other amortization	(179)		(776)		(586)
Total amortization	(111)		(671)		(366)
Unrealized investment gains (losses)	88		(192)		(190)
Balance at December 31,	4,339		3,870		4,327
VOBA:
Balance at January 1,	487		482		568
Amortization related to net investment gains (losses) and net derivative gains (losses)	—		—		(1)
All other amortization	6		(25)		(28)
Total amortization	6		(25)		(29)
Unrealized investment gains (losses)	19		30		(57)
Balance at December 31,	512		487		482
Total DAC and VOBA:
Balance at December 31,	$	4,851	$	4,357	$	4,809

Deferred Policy Acquisition Costs

Information regarding DAC and VOBA was as follows:

	Years Ended December 31,
	2021		2020		2019
	(In millions)
DAC:
Balance at January 1,	$	3,870	$	4,327	$	4,518
Capitalizations	492		406		365
Amortization related to net investment gains (losses) and net derivative gains (losses)	68		105		220
All other amortization	(179)		(776)		(586)
Total amortization	(111)		(671)		(366)
Unrealized investment gains (losses)	88		(192)		(190)
Balance at December 31,	4,339		3,870		4,327
VOBA:
Balance at January 1,	487		482		568
Amortization related to net investment gains (losses) and net derivative gains (losses)	—		—		(1)
All other amortization	6		(25)		(28)
Total amortization	6		(25)		(29)
Unrealized investment gains (losses)	19		30		(57)
Balance at December 31,	512		487		482
Total DAC and VOBA:
Balance at December 31,	$	4,851	$	4,357	$	4,809

Deferred Sales Inducements

Information regarding DSI was as follows:

	Years Ended December 31,
	2021		2020		2019
	(In millions)
DSI:
Balance at January 1,	$	295	$	362	$	391
Capitalization	1		2		2
Amortization	(3)		(69)		(36)
Unrealized investment gains (losses)	—		—		5
Balance at December 31,	$	293	$	295	$	362